Nova Fund Class Fund Price History

RYNHX Fund  USD 116.52  0.04  0.03%   
Below is the normalized historical share price chart for Nova Fund Class extending back to September 18, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nova Fund stands at 116.52, as last reported on the 7th of June, with the highest price reaching 116.52 and the lowest price hitting 116.52 during the day.
 
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If you're considering investing in Nova Mutual Fund, it is important to understand the factors that can impact its price. We consider Nova Fund very steady. Nova Fund Class has Sharpe Ratio of 0.0982, which conveys that the entity had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nova Fund, which you can use to evaluate the volatility of the fund. Please verify Nova Fund's Mean Deviation of 0.8156, downside deviation of 1.02, and Risk Adjusted Performance of 0.0729 to check out if the risk estimate we provide is consistent with the expected return of 0.1%.
  
Nova Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0982

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Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Nova Fund is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nova Fund by adding it to a well-diversified portfolio.

Nova Fund Mutual Fund Price History Chart

There are several ways to analyze Nova Fund Class Fund price data. The simplest method is using a basic Nova candlestick price chart, which shows Nova Fund price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJune 5, 2024116.56
Lowest PriceApril 19, 2024104.46

Nova Fund June 7, 2024 Mutual Fund Price Synopsis

Various analyses of Nova Fund's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Nova Mutual Fund. It can be used to describe the percentage change in the price of Nova Fund from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Nova Mutual Fund.
Nova Fund Price Action Indicator(0.02)
Nova Fund Price Rate Of Daily Change 1.00 

Nova Fund June 7, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Nova Fund Class Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Nova Fund intraday prices and daily technical indicators to check the level of noise trading in Nova Fund Class Fund and then apply it to test your longer-term investment strategies against Nova.

Nova Mutual Fund Price History Data

The price series of Nova Fund for the period between Sat, Mar 9, 2024 and Fri, Jun 7, 2024 has a statistical range of 12.1 with a coefficient of variation of 2.67. The price distribution for the period has arithmetic mean of 111.39. The median price for the last 90 days is 112.15. The company had dividends distributed to its stock-holders on December 14, 2017.
OpenHighLowCloseVolume
06/07/2024
 116.52  116.52  116.52  116.52 
06/06/2024 116.52  116.52  116.52  116.52  1.00 
06/05/2024 116.56  116.56  116.56  116.56  1.00 
06/04/2024 114.53  114.53  114.53  114.53  1.00 
06/03/2024 114.29  114.29  114.29  114.29  1.00 
05/31/2024 114.12  114.12  114.12  114.12  1.00 
05/30/2024 112.74  112.74  112.74  112.74  1.00 
05/29/2024 113.78  113.78  113.78  113.78  1.00 
05/28/2024 115.05  115.05  115.05  115.05  1.00 
05/24/2024 115.01  115.01  115.01  115.01  1.00 
05/23/2024 113.85  113.85  113.85  113.85  1.00 
05/22/2024 115.16  115.16  115.16  115.16  1.00 
05/21/2024 115.65  115.65  115.65  115.65  1.00 
05/20/2024 115.22  115.22  115.22  115.22  1.00 
05/17/2024 115.06  115.06  115.06  115.06  1.00 
05/16/2024 114.86  114.86  114.86  114.86  1.00 
05/15/2024 115.23  115.23  115.23  115.23  1.00 
05/14/2024 113.19  113.19  113.19  113.19  1.00 
05/13/2024 112.38  112.38  112.38  112.38  1.00 
05/10/2024 112.42  112.42  112.42  112.42  1.00 
05/09/2024 112.16  112.16  112.16  112.16  1.00 
05/08/2024 111.28  111.28  111.28  111.28  1.00 
05/07/2024 111.30  111.30  111.30  111.30  1.00 
05/06/2024 111.09  111.09  111.09  111.09  1.00 
05/03/2024 109.40  109.40  109.40  109.40  1.00 
05/02/2024 107.39  107.39  107.39  107.39  1.00 
05/01/2024 105.94  105.94  105.94  105.94  1.00 
04/30/2024 106.51  106.51  106.51  106.51  1.00 
04/29/2024 109.09  109.09  109.09  109.09  1.00 
04/26/2024 108.57  108.57  108.57  108.57  1.00 
04/25/2024 106.98  106.98  106.98  106.98  1.00 
04/24/2024 107.72  107.72  107.72  107.72  1.00 
04/23/2024 107.72  107.72  107.72  107.72  1.00 
04/22/2024 105.83  105.83  105.83  105.83  1.00 
04/19/2024 104.46  104.46  104.46  104.46  1.00 
04/18/2024 105.87  105.87  105.87  105.87  1.00 
04/17/2024 106.24  106.24  106.24  106.24  1.00 
04/16/2024 107.18  107.18  107.18  107.18  1.00 
04/15/2024 107.53  107.53  107.53  107.53  1.00 
04/12/2024 109.54  109.54  109.54  109.54  1.00 
04/11/2024 111.97  111.97  111.97  111.97  1.00 
04/10/2024 110.75  110.75  110.75  110.75  1.00 
04/09/2024 112.39  112.39  112.39  112.39  1.00 
04/08/2024 112.15  112.15  112.15  112.15  1.00 
04/05/2024 112.19  112.19  112.19  112.19  1.00 
04/04/2024 110.40  110.40  110.40  110.40  1.00 
04/03/2024 112.49  112.49  112.49  112.49  1.00 
04/02/2024 112.31  112.31  112.31  112.31  1.00 
04/01/2024 113.52  113.52  113.52  113.52  1.00 
03/28/2024 113.89  113.89  113.89  113.89  1.00 
03/27/2024 113.79  113.79  113.79  113.79  1.00 
03/26/2024 112.33  112.33  112.33  112.33  1.00 
03/25/2024 112.79  112.79  112.79  112.79  1.00 
03/22/2024 113.32  113.32  113.32  113.32  1.00 
03/21/2024 113.58  113.58  113.58  113.58  1.00 
03/20/2024 113.05  113.05  113.05  113.05  1.00 
03/19/2024 111.56  111.56  111.56  111.56  1.00 
03/18/2024 110.64  110.64  110.64  110.64  1.00 
03/15/2024 109.62  109.62  109.62  109.62  1.00 
03/14/2024 110.73  110.73  110.73  110.73  1.00 
03/13/2024 111.19  111.19  111.19  111.19  1.00 

About Nova Fund Mutual Fund history

Nova Fund investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nova Fund Class will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nova Fund stock prices may prove useful in developing a viable investing in Nova Fund
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and leveraged derivative instruments, which primarily consist of equity index swaps and swaps on exchange-traded funds , futures contracts, and options on securities, futures contracts, and stock indices. The fund is non-diversified.

Nova Fund Mutual Fund Technical Analysis

Nova Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Nova Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nova Fund trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Nova Fund Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nova Fund's price direction in advance. Along with the technical and fundamental analysis of Nova Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nova to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Nova Mutual Fund

Nova Fund financial ratios help investors to determine whether Nova Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Fund security.
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